On Tuesday 9 January, the European Securities and Markets Authority (ESMA) announced its decision to postpone from January to March 2018 the publication of data on the double volume cap on transactions as required by the MiFID II/MiFIR framework, which entered into force on 3 January of this year (see EUROPE 11932).
“The current quality and completeness of the data does not allow for a sufficiently meaningful and comprehensive publication of double volume cap calculations”, the European...